MAIN NEWS HEADLINES
March 9-16, 2006 Edition
Industry 05 Net Sales
Total $25.1 Billion
New York, NY/3/6/06Net sales for the United States publishing industry are estimated to have increased by 9.9 percent from 2004 to 2005 to a grand total of $25.1 billion, according to figures released by the Association of American Publishers (AAP). The sales figures in the report are based on year-to-date data in the AAP 2005 December Monthly Sales Report, the recently released U.S. Department of Commerces 2002 Census Bureau Report and other statistical data.
Trade sales rose at a compound annual growth rate of 9.1 percent from 2002 to 2005, with sales of $7.83 billion in 2005. The largest increase in the Trade category came from Juvenile hardbound books, which rose at a compound growth rate of 19.6 percent from 2002 to 2005.
Elementary and high school sales were up by 4.3 percent annually compounded from 2002 to 2005, reaching $6.6 billion, now inclusive of standardized tests, while Higher Education sales rose 3.6 percent annually compounded over the same period, with sales of $3.4 billion. Sales of Professional and Scholarly books were up 1.5 percent compounded annually from 2002 to 2005 with total sales of $3.3 billion in 2005.
Book Clubs and Mail Order publications (down 8.2 percent annually compounded 2002-2005, with sales of $1.50 billion) and Mass Market paperback sales (down 3.5 percent compounded 2002-2005, with sales of $1.08 billion) lost ground in 2005. Publishing sales of Religious books, which includes many self-help texts, grew 14.2 percent compounded annually from 2002 to 2005, totalling $876.0 million in 2005.